US Stock Market Move | Storage sector is strengthening. SanDisk (SNDK.US) rose more than 7%.

On Monday, the storage sector strengthened, with SanDisk (SNDK.US) rising over 7%, Seagate Technology Holdings PLC (STX.US) rising over 5%, Western Digital Corporation (WDC.US) rising over 4%, and Micron Technology, Inc. (MU.US) rising over 2%. According to the latest storage industry survey by TrendForce, the demand for AI and data centers in the first quarter of 2026 continues to intensify the global storage supply-demand imbalance, with the bargaining power of original factories increasing. TrendForce has therefore comprehensively revised the price growth rates of DRAM and NAND Flash products in the first quarter. The estimated overall conventional DRAM contract price is revised from a quarterly growth of 55-60% announced at the beginning of January to an increase of 90-95%, while the NAND Flash contract price is adjusted from a quarterly increase of 33-38% to 55-60%, with the possibility of further upward revisions. TrendForce points out that due to better-than-expected PC shipments in the fourth quarter of 2025, there is still a general shortage of PC DRAM, even for tier-1 PC OEMs with confirmed original factory supply. With prices rising in a seller's market, it is expected that PC DRAM prices in the first quarter of 2026 will increase by over 100% for the quarter, reaching a historical high.